Telehandler Market Report 2025

The telehandler market size has grown strongly in recent years. It will grow from $6.27 billion in 2024 to $6.73 billion in 2025 at a compound annual growth rate (CAGR) of 7.3%. The growth during the historic period can be attributed to the increase in construction activities, government investments in infrastructure, expansion of the agricultural sector, rising demand in mining and quarrying, and growth in warehouse development and logistics.

The telehandler market size is expected to see strong growth in the next few years. It will grow to $8.84 billion in 2029 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to urbanization and smart city initiatives, increasing utilization in renewable energy projects, stricter safety standards and operator training programs, growth in high-rise and modular construction, and rising infrastructure development. Major trends during this period include fleet standardization and modular design, integration with building information modeling (BIM) and the Internet of Things (IoT) for fleet management, enhanced safety features, electrification of telehandlers, and the adoption of battery swapping technology.

The increasing number of infrastructure projects is expected to drive the growth of the telehandler market in the coming years. Infrastructure projects involve large-scale developments that build and maintain critical systems such as transportation, utilities, and communication networks. This rise in infrastructure initiatives is fueled by growing government investments in urban development and modernization, as countries strive to improve connectivity, boost economic growth, and accommodate expanding urban populations. Telehandlers support infrastructure projects by providing versatile lifting capabilities, making them well-suited for handling heavy materials on extensive construction sites. They enhance productivity by enabling precise placement of materials, improving project efficiency, and ensuring safety. For example, in July 2024, the UK’s Office for National Statistics reported that total infrastructure investment reached $17.5 billion (£13.8 billion) in 2023, reflecting a 3.9% increase compared to 2022. Therefore, the rising infrastructure projects are expected to fuel the growth of the telehandler market.

Leading companies in the telehandler market are focusing on developing advanced products, such as next-generation telehandlers, to boost performance, enhance operator safety, and increase efficiency on construction sites. Next-generation telehandlers are sophisticated lifting machines equipped with modern technologies including enhanced hydraulics, smart sensors, telematics, and improved operator cabins to deliver higher efficiency, safety, and versatility in material handling operations. For instance, in January 2025, Caterpillar Inc., a US-based heavy equipment manufacturer, launched the next generation of Cat Telehandlers, which include the Cat TH0642, TH0842, TH1055, and TH1255 models, replacing the earlier TL series. These new telehandlers offer improved stability, greater operator comfort, and easier control, particularly when managing heavy loads at heights or working on uneven terrain. Cat telehandlers feature the Cat C3.6TA engine that complies with stringent emissions regulations, multiple operator station configurations, an ergonomic interior with a full-color LCD monitor, and advanced safety features such as a standard rearview camera and an optional load stability indication system.

In May 2024, Oshkosh Corporation, a US-based industrial manufacturer, acquired Ausa Center S.L.U. for an undisclosed amount. Through this acquisition, Oshkosh strengthens its compact equipment portfolio by adding AUSA’s all-terrain telehandlers and forklifts, expanding its global presence, and supporting growth in the construction and infrastructure sectors. Ausa Center S.L.U. is a Spain-based manufacturer specializing in compact industrial vehicles including telehandlers and forklifts.

Major players in the telehandler market are Caterpillar Inc., AB Volvo, Komatsu Ltd., Kubota Corporation, Liebherr Group, XCMG Group, Doosan Corporation, Sany Heavy Industry Co. Ltd., J.C. Bamford Excavators Limited, CLAAS KGaA mbH, Manitou BF SA, Anhui Heli Co. Ltd., Wacker Neuson SE, Skyjack Inc., Haulotte Group SA, Merlo S.p.A. Industria Metalmeccanica, Ausa Center S.L.U., Magni Telescopic Handlers S.r.l., Snorkel International LLC, Dieci S.r.l., Faresin Industries S.p.A., Sennebogen Maschinenfabrik GmbH, and Sunward Intelligent Equipment Co. Ltd.

North America was the largest region in the telehandler market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in telehandler report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the telehandler market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The swift increase in U.S. tariffs and the ensuing trade tensions in spring 2025 are significantly affecting the machinery sector by increasing costs for steel, hydraulic systems, and precision bearings critical components often imported from tariff-affected regions. Manufacturers of construction, agricultural, and industrial machinery now face squeezed margins, as many long-term contracts prevent immediate price adjustments. The uncertainty has also delayed investment in automation and smart machinery technologies, slowing productivity gains. To adapt, firms are accelerating local supplier development, redesigning products to use alternative materials, and leveraging predictive maintenance to extend equipment lifespans amid higher replacement costs.

Telehandlers are powerful and versatile lifting machines featuring a telescopic boom that extends both forward and upward, allowing them to lift and position materials at different heights and distances. Their primary purpose is to handle heavy loads in areas that are difficult to access with traditional forklifts or cranes.

The primary types of telehandlers are compact, high lift, and high load. Compact telehandlers refer to smaller, space-efficient models designed for easy maneuverability and operation in tight or confined workspaces. These include various propulsion types such as internal combustion engines (ICE), hybrid, and electric, with lift capacities ranging from under 3 tons to 3-10 tons and over 10 tons. Telehandlers are used by a broad range of end users including construction, forestry, agriculture, oil and gas, manufacturing, transport and logistics, power utilities, and others.

The telehandlers market research report is one of a series of new reports that provides telehandlers market statistics, including telehandlers industry global market size, regional shares, competitors with a telehandlers market share, detailed telehandlers market segments, market trends and opportunities, and any further data you may need to thrive in the telehandlers industry. This telehandler market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The telehandler market consists of sales of high-reach telehandlers, truss booms, lifting jibs, crane hooks, and work platforms. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values and are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 1-3 business days.